I love talking to employees about their compensation plans. It is always easy to see the people who work at companies with effective communication programs. Whether the staff likes or dislikes the plans they tend to provide similar details. They generally understand the components of the programs. And they have an idea of what it...
I read a recent article by Dan Ariely on how we measure thrift. Mr. Ariely, is the author of “Predictably Irrational” and “The Upside of Irrationality.” He is also a professor of Psychology and Behavioral Economics at Duke University. He used a simple example of how we may choose to purchase expensive premium coffee over...
Happy Monday! Were you excited and ready for work today? Was the weekend long enough? I keep hearing from people that they are putting in more effort and longer hours than ever before. Workloads are increasing, but companies aren’t hiring. We all know that overworking employees leads to progressively diminishing returns. But, when is more...
“Uncle Dan, give me a challenge!” My 12-year old niece was at the edge of the huge community pool. She and her brother were enjoying the last “pool day” of summer. They had been playing and leaping off the diving boards for almost an hour. Give me a challenge! The first translation of this phrase...
“If you’re in a bad situation, don’t worry it’ll change. If you’re in a good situation, don’t worry it’ll change.” ~John A. Simone, Sr. There have been times over the past 8 or 9 years where I felt like “Chicken Little” yelling that the sky was falling. Countless people have heard me, in both private...
